I am looking at homes online on a daily basis, but right now I have zero'd in on a few zip codes that I believe that 1% of rent to purchase price is pretty attainable (but I'd like to approach 1.1% or more if possible). 

Find a neighborhood that's close to where you need to be daily

What I learn from Bigger Pocket and my daily work life as an acquisition/contract professional, always put a "subject to"/ exit clause to your agreement. say for example subject to his performance or ROI of mentorship.

I own a lot of buildings in Houston and it’s daily (okay more than daily) that I’m contacted by an agent or a syndicator that wants to know if I have anything to sell. 

@Antonio Lulli First off I don't know who that is in your photo on your profile, hair color looks weird, anywho, Antonio and I were just having this conversation last week. 

My goals are to build passive income and eventually be driving a porche 997 on the daily.

These are contractors, realtors, PM's, and they come across deals on a daily basis.

Step 1: Get a job earning X amount of moneyStep 2: Get a second PT job earning Y amount of moneyStep 3: Get a third PT job earning Z amount of money (preferably this should be in the real estate field in some manner)Step 4: Wake up earlier daily, grind as many hours as you can, go to bed, repeat...

Condo hotel will be great for daily rentals.

I check daily, and sometimes there are some good ones that pop up in some c+ class neighborhoods.